US jobs too important to risk Chinese car imports, says Ford CEO
China has enough spare capacity to swallow the entire US car market, says Ford's Jim Farley.
https://arstechnica.com/cars/2026/04/us-jobs-too-important-to-risk-chinese-car-imports-says-ford-ceo/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social
@arstechnica they know they'd get eaten alive because china builds things other than $50k+ wankpanzers
@jiub @arstechnica Europe doesn't want those things, Asia doesn't want those things, the Yanks just don't understand any more...
@Lazarou @arstechnica yeah the US manufacturers have lost almost all their overseas markets because their product lineup has become increasingly specialized to the US market (and only the highest margin segment of the US market at that)

the US auto industry is going to run into the same issues it ran into in the 70s where its insularity gave it no competitive products in times of high fuel costs. they're probably going to go bankrupt and get bailed out by the US government yet again
@jiub @arstechnica ahhh, History repeating, or rhyming...anyway...